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<br /> '�+ G.ASSIGNMENT OF LEASES. Upan L.ender's request,Borrower shall assign to L.cndcr all lcases of the .n..
<br /> n the assi ment,I..rnder '`° -
<br /> Property and aU security deposits made in connccdon with leases of the Property•UPa B� . � �- .
<br /> shall have the right to modify,extend or terminete the existing leases and w eaccutc new leases,in Lender's sole •��
<br /> dLscredon. As used in this paragraph G,the word '7ease" shall mean"suUlease"if thc Sauriry Instrument ison a ���i��'1
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<br /> leaschold. T�:-_�___:_
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<br /> H. �RSSIGNMENT OF RCNTS; APFO�IYTMENT OF RECEIVER; LEIeiDER IN P033ESSION. ;�,r,,��..,,,�,�,,,
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<br /> Borrower absolutely and uncondidonaily assigns and uansfers to Len�es all thc rents end revenues("Rants") of the ,�.;.�,,,:;,.:.�^'
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<br /> �'.'',.,,.•:,' Property,regardicss of to whom the Rents of the Property are plyable. Borrower authorizes I.ender or I.ender's ''�.,j,:a j-_
<br /> agents to callect the Rents.and a�rers that each tenant of the Property shall pay tt�e Itenis tn Lender or Lender's �_.�«=
<br /> " agents.Hotvever,Borrower shall receive the Rents undl(i)Lender has given Sorrowec nodce of defanit piusuant W _–
<br /> paragraph 21 of Ihe Security Instrument and(li)I.ender has given noflce to the tenant(s)thac the Rents are w i�e � ,
<br /> paid to Lendor or Lender's agenG This assignment of Rents wnsdtutes an absolutc essignment and not an .�
<br /> assignment for additianal securlty only. �� -�
<br /> If Lender gives nodco 06 brcach to Borrower.(i)all Renis roceived by Borrowa shall be hatd by Sorrower us ._iF
<br /> wstcc for tho bcnefit of Lcndcr only,W bc uppllcd to tho sums sccurcd by tho Socud�y Inswmcnt;(ii)Lcndcr sh�tll ��_
<br /> ba cndtlsd to cc�llect nnd roccivic ell of tho Rcnts of��o Propercy; (iij) Borrowcr agrcce thnt cach tcnant of tho _,, �,.
<br /> ' Property Rhall pay all Rcnte duc end unpaid u�I.,cndcr ar Lcndcr's ag�nw uporo f�idcr's wrilt�n dcmand w tho •
<br /> callcctcd b l.cndcr or Lcndcr'e agcnts Klia�� bc •� A,��r� _
<br /> � tcnant; (iv) unlcss appl(cablo law provldcs athcrwf:KO, all itcntx y
<br /> a�pticd�rst to tho wsts�f taking concrol af and mnnaging tho Property snd collxdng tho Rcnw,including,bu�not ' � '
<br /> ' limitcd w, auomoys' fa;s,rocctvcr's fccs,prcmiums on rcccivc�'d bonds,rcpair und rnelntcnunca costa,Insurancc r
<br /> � -__.,_� �►rr_.minma; ta�tes.asscssmcnts end oth¢r chargcs on �►o Prnperty, and thcn to tliu surne sccurcd by tho Sccurity
<br /> Instrument;(v)I.ender,L.end�r's agents or eny)udicially appointed receiver shell be uabio to accoum ior oniy��.,� -
<br /> Renu aGtually recelved;and(vi) Lender shall be ec�tlded to have n receiver appointe�to tnke Possession of and �
<br /> • mana�o the proputy enA collect the ltcnts and profits derived from the Propecty without any showing es w t1►e 'f
<br /> inadoquacy of tho Proputy as security. ;�; •'
<br /> If the Renta of tha Pcoperty are not sufficient to cover the wsts of teking conuol of and managin8 the
<br /> Property end of collecting the Rents any funds expended by Lender for such pucposes shall becoma in�ebtedness of
<br /> 13oROwer w L,endu secured by the Security Instrument pursuanc to Unifonn Covenant 7. + '.
<br /> � Borrower rcpresents and wcurttnts that Borrower has not oxecuted any prior assignment of the Rents and has �'
<br /> not and will not perform nny sct that wo�ld prevent Lender from exercising its rights under this paragreph. .�.
<br /> Lender,or Lender's agents or a judicially appolnced receiver,shall not be reyuired w enter upon,tnke contral _ ___
<br /> of or maintain the Properry befom or after giving notice of default to Borrower.Howcver,Lender,or Lender's
<br /> . agents or a judiclally appointed receiver,may do so at any dme when a default oavrs.Any aPplicadon of Rents ����
<br /> sheU not cure or waive any defau(t or invalidate any other right or remedy of Lcnder. 'Ihis assignment of Rents of -___
<br /> the Property shall terminate when all t�c swns secnrcd by the Security Instrument arepaid in fuU. ' ��`"'
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<br /> ' I.CROSS•DEFAULT PROdISIQN. Borrower's default or breach undcr any note or ageement in ___
<br /> � ,,'� which Lender has an ince,rest ahsrll be a breach under the Security Instrument and Lender may invoke any of the
<br /> . remedies pe�mitted by the Security Instrument �� – ._-� —
<br /> . �'';, ,� BY SIONAVCi BELOW�Borrower accepts and a�ees to the terms and pmvisions contained in tt�s 1-4 Famlly :�.._�:t � --�
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